Swift Transportation Beats Analyst Estimates on EPS
Jul 20th 2012 3:11PM
Updated Jul 20th 2012 3:14PM
Swift Transportation (NYS: SWFT) reported earnings on July 19. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Swift Transportation met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased slightly and GAAP earnings per share improved significantly.
Margins grew across the board.
Swift Transportation reported revenue of $872.6 million. The 14 analysts polled by S&P Capital IQ expected sales of $880.7 million on the same basis. GAAP reported sales were 2.6% higher than the prior-year quarter's $850.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.24. The 13 earnings estimates compiled by S&P Capital IQ predicted $0.21 per share. GAAP EPS of $0.24 for Q2 were 71% higher than the prior-year quarter's $0.14 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 20.6%, 40 basis points better than the prior-year quarter. Operating margin was 9.5%, 100 basis points better than the prior-year quarter. Net margin was 3.9%, 160 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $839.4 million. On the bottom line, the average EPS estimate is $0.19.
Next year's average estimate for revenue is $3.41 billion. The average EPS estimate is $0.78.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 25 members out of 26 rating the stock outperform, and one members rating it underperform. Among six CAPS All-Star picks (recommendations by the highest-ranked CAPS members), six give Swift Transportation a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Swift Transportation is outperform, with an average price target of $13.83.
Over the decades, small-cap stocks, like Swift Transportation have provided market-beating returns, provided they're value priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.
- Add Swift Transportation to My Watchlist.
The article Swift Transportation Beats Analyst Estimates on EPS originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.